Mark Hughes is former Chief Risk Officer of RBC, and has over 35 years of experience in senior positions in corporate banking. He serves on the boards of leading risk organizations such as GRI and International Financial Risk Institute.
As Group Chief Risk Officer, Mr. Hughes oversaw the strategic management of risk on an enterprise-wide basis. He was a member of Group Executive, which sets the overall strategic direction of RBC, and was also a member of the RBC Group Operating Committee. He joined RBC in 1981 and was appointed Chief Risk Officer in 2014. Since 1981, Mr. Hughes held progressively senior roles at the bank primarily in Corporate Banking and Global Credit and held a number of positions in RBC’s international offices including New York and London. Appointed as an executive officer of RBC in 1995, Mr. Hughes had responsibility for the bank’s public sector activities in Canada and was a member of the leadership team involved in the integration of the bank’s global corporate banking business into RBC Capital Markets. Prior to being CRO, he was Executive Vice-President and Chief Operating Officer for RBC Capital Markets. Mr. Hughes serves on the boards of a number of industry associations and not-for-profit organizations including Global Risk Institute (GRI), International Financial Risk Institute (IFRI), and ParticipACTION. He also serves as a director of a number of RBC subsidiaries. Mr. Hughes received his MBA (Finance) from Manchester Business School and his LL.B from Leeds University in England. Mr. Hughes and his wife Anne have two children.